Michael Wilson

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Inflation accelerated again in Germany, below target in Spain

While annual inflation in Germany rose to 6.8 percent in June, it fell below the 2 percent target set by the European Central Bank...

Critical revision in US growth data

In the third reading for the first quarter, the growth data in the USA was revised from 1.4 percent to 2 percent. While the expectations...

Rapid decline in US jobless claims

Unemployment claims in the US showed the sharpest drop since October 2021 last week. Applications for unemployment benefits in the USA fell to 239 thousand,...

ECB discusses faster shrinkage of bond portfolio

European Central Bank (ECB) officials were reportedly discussing options to accelerate the downsizing of the agency's 5 trillion euro ($5.5 trillion) bond portfolio. While the...

Digital euro preparation from the EU

The EU Commission has announced its regulatory proposal to create a legal framework for the use of the digital euro. The regulation aims to...

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